How much is Verizon willing to pay you to switch from a basic phone to a smartphone? A cool $100, according to rumors. The provider is reportedly gearing up to launch a new offer aimed at encouraging more customers to get with the times, as part of its trade-in program. Under the incentive, basic phone users eligible for a two-year upgrade (or those who qualify for an early upgrade) would be able to re-sign a two-year contract, tack on a data plan and purchase a new smartphone at a reduced price. Once that's done, they'll receive a PIN code for Verizon's trade-in site, where they'll find instructions